FINER welcomes power tariff revision

GUWAHATI, July 28 – The FINER has welcomed the announcement of the revised power tariff for 2015-16 by the Assam Electricity Regulatory Commission (AERC), by not increasing the cost of power for the people of Assam.

“FINER had filed objections for the tariff hike petitions by APDCL, APGCL and AEGCL for 2015-16, and we are grateful to the Commission for taking cognizance of our points put in to the objections and happy that no power tariff hike was done by the Commission in the State of Assam for the coming year,” the FINER said in a statement.

Terming the lowering of power tariff for agriculture by 30 paise as a welcome move by the Commission, the FINER said it would go a long way in boosting much-needed agricultural infrastructure in the State.

“Also, the tariff has not been increased for any other category of consumers. This shall help reinstating confidence of the people, at a time when the commerce and industry are going through a difficult phase. Moreover, as a boost to open access in the State, the wheeling charge has been reduced from 24 paise to 22 paise and cross subsidy charge has been reduced from 58 paise to 54 paise. This will result in a competitive business spirit in the markets,” it said.

The FINER said that Assam was already having one of the highest power tariff structures in Eastern India, and “we had requested the Commission for a decrease of power tariff through our objections.”

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